The 14-day BoBC yield fell to 3.51 percent for a paper maturing on August 28, 2013 compared to 3.54 percent in the previous auction. The results of the auction held on August 13 are summarised below.
DATE: August 13, 2013
ISSUE | BOBC280813 |
TOTAL SUBSCRIBED | 1 817.583 |
TOTAL ALLOTMENT (P’MILLION) | 1 200.000 |
STOP-OUT PRICE (P) | 99.867 |
STOP-OUT YIELD (percent) | 3.53 |
SIMPLE RATE (percent) | 3.47 |
WEIGHTED AVERAGE YIELD OF WINNING BIDS (percent) | 3.51 |
SIMPLE RATE FOR WEIGHTED AVERAGE WINNING BIDS (percent) | 3.45 |
WEIGHTED AVERAGE PRICE OF WINNING BIDS (Pula) | 99.868 |
MINIMUM WINNING BID YIELD (percent) | 3.48 |
MAXIMUM BID YIELD (percent) | 3.58 |
DAYS TO MATURITY | 14 |
NOTE: BOBC 280813 – BIDS ABOVE P99.867 RECEIVED FULL ALLOTMENT WHILE BIDS AT P99.867 RECEIVED 61.10 PERCENT OF THE AMOUNT APPLIED FOR.